L’Oréal will buy back 48.5 million of its shares from Nestlé for €6.5 billion in a move which lowers the food group’s stake in the company; although the Swiss firm says it is staying in the agreement for the long haul.
L’Occitane has continued its strategy of driving future global growth with its first foray into the Asian skin care market with its acquisition of a stake in the premium brand, Erborian, which marks the Group’ first acquisition of a brand after its listing...
Takasago International, one of the leading global flavours and
fragrance groups, has established a new division in Shanghai aimed
at expanding its manufacturing and retail presence in China as well